TARS: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, TARS has $534,561K in assets. $199,479K in debts.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	112,724	96,648
Marketable securities	289,113	284,495
Accounts receivable, net	72,620	58,334
Inventory	3,836	3,873
Other receivables	1,716	1,906
Prepaid expenses	21,695	29,173
Total current assets	501,704	474,429
Restricted cash, non-current	2,563	2,563
Inventory, non-current	2,532	2,532
Property and equipment, net	5,746	3,182
Intangible assets, net	7,606	7,846
Operating lease right-of-use assets	10,233	229
Long-term investments	3,000	3,000
Other assets	1,177	1,213
Total assets	534,561	494,994

Accounts payable and other accrued liabilities	103,498	78,641
Accrued payroll and benefits	13,552	11,612
Total current liabilities	117,050	90,253
Long-term debt, net	72,281	72,129
Other long-term liabilities	10,148	-
Total liabilities	199,479	162,382
Common stock, 0.0001 par value 200,000,000 shares authorized 42,447,882 shares issued and outstanding at september30, 2025 (unaudited) 38,349,826 shares issued and outstanding at december31, 2024	6	6
Additional paid-in capital	753,042	738,237
Accumulated other comprehensive income (loss)	289	39
Accumulated deficit	-418,255	-405,670
Total stockholders equity	335,082	332,612
Total liabilities and stockholders equity	534,561	494,994